C_BRU2C_2020 · Question #50
Which data attributes are stored on the contract account on SAP S/4HANA? Note: There are 2 correct answers to this question.
The correct answer is C. Dunning procedure D. Payment terms. In SAP S/4HANA's Contract Accounts Receivable and Payable (FI-CA), the contract account is the object that governs the payment and collection behavior for a business partner, which is why Dunning Procedure (C) and Payment Terms (D) are stored there - they define how and when a…
Question
Which data attributes are stored on the contract account on SAP S/4HANA? Note: There are 2 correct answers to this question.
Options
- ACustomer classification
- BCentral data
- CDunning procedure
- DPayment terms
How the community answered
(29 responses)- A3% (1)
- B7% (2)
- C90% (26)
Explanation
In SAP S/4HANA's Contract Accounts Receivable and Payable (FI-CA), the contract account is the object that governs the payment and collection behavior for a business partner, which is why Dunning Procedure (C) and Payment Terms (D) are stored there - they define how and when a customer must pay and how overdue items are pursued.
Customer classification (A) is incorrect because classification data belongs to the Business Partner (BP) level, not the contract account. Central data (B) is also incorrect - name, address, communication details, and bank data are maintained on the Business Partner itself, which sits above the contract account in the data hierarchy.
Memory tip: Think of the contract account as the "payment rulebook" - it holds rules like when to pay (Payment Terms) and what happens if you don't (Dunning Procedure). Everything more general - who you are, where you live - lives on the Business Partner above it.
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